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Summit Materials Completes Merger with Quikrete
SUMSummit Materials(SUM) Prnewswire·2025-02-11 01:26

DENVER, Feb. 10, 2025 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials" or the "Company"), a leading producer of aggregates and cement, today announced the closing of its previously announced definitive agreement to be acquired by Quikrete Holdings, Inc. ("Quikrete") for 52.50pershareincash,foratotalenterprisevalueofapproximately52.50 per share in cash, for a total enterprise value of approximately 11.5 billion, including debt. Summit's common stock has ceased trading on the NYSE and will no longer be listed on any public market. Ad ...